Arizona weekly citizen., 1887-06-04
MARKETS
 SKw YORK, Friday Evening. May % Price of Silver per ounce Troy.
MARKETS
N,v Sterls Lond'n N " ,r- Str'lg' Lon. NJ EI. Pence N- 1.'My E1 Pence Cts.
 -|-N- la 4.s5s tsy, Q4s< IS tSS lsg q5ss 10 4S1, 4s. qis lg .sia 4sa g51s I7 4.s6S. 4sIl-Is aS 2o i.ssa lsh gaA
, Market is steady snd fiuc.uations have

la 4.eots ASll-l6 AN c0 t.S- t9za -s. .
 Market is steady and fluctuations have been confined within small range.
 Petitions are being signed in Wall street asking the governing committee of the Stock Exchange to list the cer- tihcates that 1t is proposed to issue against accumulated silver bullion. A circular says:
 "It IS proposed to select a safe deposit company ln this city for the storage ot silver bullion, which shall issue receipts or certificates for the same, each certi. ficate to be for 800 10 10OJ ounces ot silver, 1000 fine. The receipts or certih- oates would carry 0 moderate storage charge. It is also proposed that the Western National Bsnk, ,ofthis clty, snail register said receipts or certificates and guarantee the quantity and hneness ot the silver. The object of this plan IS 10 make silver portable and to enable dealings in 1t on the exchanges, It ls believed that l. would become an ob- !ect of speculation and would be largely absorbed for investment when the price was low"
 LEAD.-This market has been very ao- tive, and sales during the week will az gregate fully 400 tons. or this IUVO tons of Richmond lead vRs sold at 50Gl .60c. The company has shll here little over 400 tons, which II holds at 75c.
 The rapid advance in lead during ttbe past few weeks, and the large pur shases on speculation have taken the trade aback, and few are willing to hazard an opinion Rs to the future, or as to the ground for the speculation. It is claimed on the other hand that stocks have of late been rapidly absorb ed by consumers, and that She country | IS bare or lead, while the foreign mar kets are also strong, and are not fairly represented by the quotation cabled 10 | the Metal Exchange to-day of El2 Tor | Soft Spanish. Private cables state that bids of ZIP 5s. can not buy lead and that | the European market ie strong. We can not undertake to determine the exact state of the stocks of Domestic lead. put there IS no expectation that any great | demand can come for nearly three months yet, and in the meantime many things may occur.
 IL IS undoubied that all the lead offer ing IS being taken up. and msnutsc- turers, though not purchasing freely, have bought several hundred tons dur ! Ing the week at AGO.
 Messrs. Everett 4 Post, of Chicago, telegraph today ss follows: The mar ] ket is advancing on account of large purchases by speculgtors East. Tue market Is rising excited sud unsteady, and It IS difficult to give exact quota tions. Spot lead is exceedingly scarce. Consumers are inquIring more liberally. Market nomiDally S4459S4 37L.
 Messrs. John Wshl k Co.. of St. Louis telegraph to-day ss follows:
 Market is strong and the demand good. but still principally from specula- tive sources; consumers not excited and proceed continuously. We may quote both Hard and Soft Lead worth 430c. with light sales, as sellers offer their holdings spBringly.
 CoPPER.-The copper market is stationary, with a rather better feeling as regards the future. Lake is quoted at 10 cents for spot. and l0-l0G lOlI for futures, though oae firm selling Osceols and Tsmarack, still sells at 9 95 cents, or say 10 cents less brokerage. Its req son for depreciRtinR these brands Of copper it is impossible to fathom.
 Casting brands are quoted at 9l {@9l tc and sales for export have been quite large during the week.
 The Baltimore Copper-Works are now following the example of the Calumet & Hecla, and will sell only to consumers, Dealers are "boycotted." and consider ing the bad use some of the dealers have heretofore made of Baltimore cop per. the move seems to us a wise one on the part of the works.
 The Baltimore Works shipped thIs week by steamer Efficient, from Baitl- more to Hsvre, 5OO tons of Ingot cop per (AuscondR,) The selling price Is said to have been about 9ls cents, but Rs Best Select Is quoted m London at f44 los, this price appears to us high.
 Chlh Bars Bre quoted to-day 439 5s. though private advises state that En- glish stocks have declined since the first of the month about l6OO tons.
 One million pounds of ArlZOna pig has been sold for export at, it Is said, Sl4 cents.
 Exports of copper for the week have been: 100000 Ds. from Baltimore to Havre, Sl00,000, from New York t0 Havre, lS0 casks, 225.O00 lbs, S25, 900: to Hamburg, TO sacks Anacnnds matte, F. l6G lbs, SS0S, also four bars bullion, 5J6 lbs, S9OO; to Liverpool, l2.02s sacks AnscOnds matte, 1,3S7. .350 lbs, S65.S42; and 92 bars and 1l22 cakes copper, 527 = 20 lbs. S47 ,499.
 Our exports and contracts for export must now amount to about IT., ,0O0, GOO lbs. of copper. As consumption continues very active, and our production thus far promises but 8 very slight increase ID output this year, 1t would appear probable that any continued activity 10 exporting will leave us quite bare m this country.-Mining and Engineering Journal.